Software Alternatives, Accelerators & Startups

Interactive Brokers VS OptionVue

Compare Interactive Brokers VS OptionVue and see what are their differences

Interactive Brokers logo Interactive Brokers

Deep discount electronic access broker offering online trading of Stocks, Options, Futures, Forex.

OptionVue logo OptionVue

Options trading & analysis software provides professional-level analytics, real-time quotes, historical data, custom trade modeling, charting, tracking, and much more
  • Interactive Brokers Landing page
    Landing page //
    2022-06-30
  • OptionVue Landing page
    Landing page //
    2020-04-25

Interactive Brokers features and specs

  • Low Trading Costs
    Interactive Brokers offers some of the lowest trading fees in the industry, with competitive commission structures that can benefit frequent traders.
  • Wide Range of Tradable Securities
    The platform provides access to a diversified array of financial instruments, including stocks, options, futures, forex, bonds, and mutual funds, across more than 135 markets worldwide.
  • Advanced Trading Tools
    Interactive Brokers offers sophisticated trading platforms such as Trader Workstation (TWS) that come equipped with advanced trading tools, research, and analytics.
  • Margin Rates
    The broker offers competitive margin rates that are often lower than those of many competitors, which is beneficial for traders using leverage.
  • Strong Regulatory Framework
    Interactive Brokers operates under strict regulatory oversight from top global regulatory bodies, ensuring a secure trading environment.

Possible disadvantages of Interactive Brokers

  • Complex Platform
    The advanced features and tools can make the platform seem overwhelming for beginners, requiring a steep learning curve to fully utilize the service.
  • Inactivity Fees
    Inactive accounts are subject to monthly inactivity fees, which can be a drawback for traders who do not trade frequently.
  • Customer Service
    There have been reports of subpar customer service, including long wait times and varied quality of support experiences.
  • Minimum Deposit Requirement
    There is a $10,000 minimum deposit requirement for new accounts, which can be prohibitive for small investors.
  • Limited Banking Services
    Unlike some other brokers, Interactive Brokers does not offer extensive banking services like checking or savings accounts, which may limit its use for comprehensive financial management.

OptionVue features and specs

No features have been listed yet.

Interactive Brokers videos

Interactive brokers review 2020 - Reviews and ratings Pros & Cons

More videos:

  • Review - The REAL reason I’ll NEVER use Interactive Brokers again!! 😡
  • Review - Interactive Brokers Canada PROS & CONS Review - 2020

OptionVue videos

Tutorial 1: Introduction to OptionVue 8

More videos:

  • Review - Modeling: OptionVue versus Think or Swim

Category Popularity

0-100% (relative to Interactive Brokers and OptionVue)
Finance
84 84%
16% 16
Investing
85 85%
15% 15
Trading
80 80%
20% 20
News
81 81%
19% 19

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Interactive Brokers and OptionVue

Interactive Brokers Reviews

Where is Revolut Available? International Alternatives for 2022
It is an excellent option if you are looking for a more professional platform. Interactive Brokers has recently reduced its fees massively to remain competitive with all the new competition price-wise. Interactive Brokers review is available here. 💡 Interactive Brokers also launched IBKR GlobalTrader, a modern mobile trading app to trade Stocks and ETFs, ideal for novice...
8 Best Business Brokerage Accounts – Corporate Trading and Investing
Interactive Brokers’ fee structure is also quite complex, the registration process is lengthy but fully online, and the broker doesn’t offer commission-free trading outside the US. However, when considering FX fees, narrower spreads, and the stock loan program, Interactive Brokers’ clients still get significant savings compared to most brokers.
Does M1 Finance work internationally? Worldwide Alternatives for 2022
Founded in 1978, IBKR is one of the world’s most trustworthy brokers. It offers an enormous range of financial products (stocks, ETFs, Options,…), and low currency conversion fees (FX fees). Check our Interactive Brokers review. 💡 Interactive Brokers also launched IBKR GlobalTrader, a modern mobile trading app to trade Stocks and ETFs, ideal for novice investors.
Does Cash App Work Internationally? Worldwide Alternatives for 2022
Founded in 1978, IBKR is one of the world’s most trustworthy brokers. It offers an enormous range of financial products (stocks, ETFs, Options, Cryptos,…), and low currency conversion fees (FX fees). Interactive Brokers review available here. 💡 Interactive Brokers also launched IBKR GlobalTrader, a modern mobile trading app to trade Stocks and ETFs, ideal for novice investors.
When is Robinhood Coming to Australia? Alternatives for 2022
On the downside, Interactive Brokers’ fee structure is quite complex, the registration process is lengthy but fully online, and the broker doesn’t offer commission-free trading. However, when considering FX fees, narrower spreads, and the stock loan program, Interactive Brokers’ clients still get significant savings compared to most brokers.

OptionVue Reviews

We have no reviews of OptionVue yet.
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What are some alternatives?

When comparing Interactive Brokers and OptionVue, you can also consider the following products

TradeStation - Whether you trade stocks, ETFs, options or futures, TradeStation’s award-winning tools and...

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Questrade - Questrade IQ Mobile is everything you need to trade stocks - right in the palm of your hand.

Robinhood - Free stock trading service.

MetaTrader5 - World-leading multi-asset platform that allows trading Forex, Stocks, Futures and CFDs.

TradingView - The best charting tool for crypto and stocks